Lygend Resources & Technology Co., a Chinese nickel producer and trader, raised about HK$3.67 billion ($470 million) in its Hong Kong initial public offering, according to people familiar with the …
Monthly Archives For November 2022
Chinese battery makers rush to IPOs as lithium price more than doubled
Every Wednesday and Friday, TechNode’s Briefing newsletter delivers a roundup of the most important news in China tech, straight to your inbox. Chinese battery makers Svolt, Sunwoda, and Ganfeng are …
Coronavirus: China reports 31,444 cases in a day, highest since the pandemic broke out
China reported 31,444 new Covid-19 cases on Thursday, the highest ever since the pandemic broke out in late 2019, reported the Associated Press, citing the country’s National Health Commission.
Foxconn workers clash with security in China
STORY: A video obtained by Reuters showed large crowds of factory workers in Zhengzhou city shouting and using poles to strike authorities cowering behind plastic shields, while footage from another video showed metal railings being…
China: workers clash with police in hazmat suits at Zhengzhou iPhone factory – video
Factory staff protesting over pay and poor working conditions clash with police at Foxconn’s iPhone factory in Zhengzhou, China
Financial sector underpins high-quality cultural development in Beijing
Addressing a parallel session of the Annual Conference of Financial Street Forum 2022, Mo said the cultural industry in China’s capital city is leading the rest of the country thanks to the support …
China’s COVID Conundrum: Why the virus is showing no signs of slowing down
China reported 31,454 fresh coronavirus cases, as per the official data on Thursday. This is the highest daily figure since the virus was detected in Wuhan in 2019. Despite a strict zero-COVID policy, …
AP PHOTOS: Beijing life on hold for lockdowns, COVID testing
As cases of COVID-19 hit record daily highs, China is re-imposing a range of strict measures under its “zero-COVID” policy, including lockdowns, mass testing and quarantines for anyone suspected of …
Foxconn apologises for pay-related error at China iPhone plant after worker unrest
Foxconn said on Thursday a pay-related “technical error” occurred when hiring new recruits at a COVID-hit iPhone factory in China and apologised to workers after the company was rocked by fresh labour unrest.
Germany – burned by overrelying on Russian gas – now vows to end dependence on trade with China
China has been Germany’s largest trading partner for six straight years, according to Berlin’s statistics office.
Foxconn apologizes for pay dispute at China factory
The company that assembles Apple Inc.’s iPhones apologized Thursday for what it said was a technical error that led to protests by employees over payment of wages offered to attract them to a factory that…
‘Honor Magic Vs’ foldable phone launches in China
The Honor Magic Vs device weighs 261g and is said to be the industry’s lightest foldable smartphone currently.
China locks down major iPhone making city as Covid cases jump to a record high, sparking concerns that lockdowns could stretch beyond 2023
Zhengzhou — home to the world’s largest Apple iPhone factory — will be largely locked down from Friday until next Tuesday.
